PUBLISHER: Allied Market Research | PRODUCT CODE: 1139901
PUBLISHER: Allied Market Research | PRODUCT CODE: 1139901
The global fluid sensors market is projected to garner $25,388.9 million in the 2022-2030 timeframe, growing from $13,242.7 million in 2021, at a healthy CAGR of 7.45%.
Fluid sensors are electrical devices used to continuously monitor fluid flow rate to and fro the pipes and are generally employed in oil & gas, petroleum, and automobile industries. Due to increased demand in the oil & gas industry for various applications such as tank level monitoring and oil quality testing, the demand for fluid sensors is expected to grow rapidly throughout the projected period. As a result of increased mobility and industrialization, demand for crude oil and natural gas has soared. There is an increasing demand for reliable and high-quality sensors in the oil and gas industry due to the severe and harsh circumstances. Pressure and temperature sensors are increasingly being employed in the sector to manage the oil composition and environmental conditions. The demand for multi-level sensors for oil separation in oil drilling operations will also boost the growth of the fluid sensors market share.
The global fluid sensors market is segmented on the basis of type, technology, and end user. By type, the market is classified as flow sensor and level sensor. By technology, it is classified as non-contact sensors and contact sensors. By end user, the market is segmented into automotive, water & wastewater, oil & gas, chemical, food & beverages, power & utilites and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the leading fluid sensors market players are Schneider Electric, Siemens, ABB, Honeywell, Robert Bosch GmbH, Emersion Electric Company, SICK AG, NXP semiconductors, Texas Instruments, and Rockwell Automation.
By Type
By Technology
By End User
By Region
By Type
By Technology
By End-user
By Region